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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by quinlashon Oct 15, 2023 12:17pm
156 Views
Post# 35684332

RE:From 10000 Hexo shares to 82 Tilray shares

RE:From 10000 Hexo shares to 82 Tilray sharesRegardless of what you read on a stock forum you need to do your own due diligence to confirm if you see developments as either bullish or bearish.

Regarding TLRY share count, the company is applying to increase total maximum ALLOWED share count, there is no mention of shares being issued.

According to the CEO (during interviews) he is opting for a position i refer to as "options over obligations".  He is positioning the company so that he can easily issue shares in the event a acquisition or merger presents itself where the sharea would be needed in order to expand the business.

The task you can now take on is to review the statements made by the CEO, determine for yourself if you think the approach is sound and if you wish to Buy/Sell/Hold.

My stance has always been to dollar cost average my own position and to hold for U.S. Legalisation. This is no great secret.  If you know someone's view and trading approach you should not try to mirror it if you don't understand it or not committed to the timeline.

All the best

Q


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